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Nov 19, 2012
11/12
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ronald reagan said -- and they always want to quote ronald reagan -- but ronald reagan said do not speak ill of another republican, and we keep forgetting that, number one. number two, the reason we lost is because we didn't have a 50-state, as a former party chairman said, approach as obama did, okay? and we're not using a new technology. romney, i think there was prejudice in the party against his mormonism. i think a lot of us stood back as they did when mccain ran, you know in we were three million votes down, and i'd like to get to hear some of the republicans, what they have to say about that. i think jindal's going down the wrong route jumping on romney now, but we had these fractional primaries, and that really took a lot of steam out of romney, and it set us up. >> host: that was jared from ohio. to georgia now, charles. what's the name of your town, charles? >> caller: i'm sorry, i couldn't hear you? >> host: what's the name of your town? >> caller: cleveland. >> host: you're calling from cleveland, georgia? >> caller: yes, sir. >> host: go ahead. >> caller: i think these undec
ronald reagan said -- and they always want to quote ronald reagan -- but ronald reagan said do not speak ill of another republican, and we keep forgetting that, number one. number two, the reason we lost is because we didn't have a 50-state, as a former party chairman said, approach as obama did, okay? and we're not using a new technology. romney, i think there was prejudice in the party against his mormonism. i think a lot of us stood back as they did when mccain ran, you know in we were three...
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Nov 20, 2012
11/12
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when ronald reagan stood up for workers, when he stood up for the people and america did. and some good democrats did too. we were on the right side of history. >> we have a lot of work to do and i'm afraid that it's a very hard struggle, particularly given the situation on the iraq/pakistan border. >> the iraq/pakistan border. they do not share a border. iran was not training al qaeda operatives. ronald reagan did not cause the spring. that was his first year as governor of california. do you remember when up with chris hayes did the arm the ripples montage? >> we need to get a sanctuary for the free syrian army. we need to get them supplies. >> i do believe that as we have in the past, we can help facilitate weapons to get to the hands of the libyan military. those who are fighting against gadhafi. >> we should help them with arms. >> if not strategic air strikes, what if any military option would you think realistic and plausible? >> arming bosnians. >> his favorite approach bosnia, arm the rebels. his favorite approach to iraq, we should arm the rebels. his favorite ap
when ronald reagan stood up for workers, when he stood up for the people and america did. and some good democrats did too. we were on the right side of history. >> we have a lot of work to do and i'm afraid that it's a very hard struggle, particularly given the situation on the iraq/pakistan border. >> the iraq/pakistan border. they do not share a border. iran was not training al qaeda operatives. ronald reagan did not cause the spring. that was his first year as governor of...
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Nov 15, 2012
11/12
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in 1976 ronald reagan told stories about the so-called welfare queen in an effort to scare white voters. and the very same lee atwater made the willie horton ad a key part of george h.w. bush's 1988 bid for the white house. and in 2012 the same ugliness took center stage in the gop primary. >> we know president obama is the best food stamp president in american history. >> i don't want to make black people's lives better by giving them somebody else's money. i want to give them the opportunity to go out and earn the money. >> you're doing it because you care about america. paul and i have not promised you a bigger check from the government. >> as atwater said, the message is coded. but what he's getting at is crystal clear. joining me now is toure, host of "the cycle" here on msnbc, and the man who tracked down the atwater tape, james carter iv. he's an opposition researcher and the grandson of president jimmy carter. thank you both for coming on the show. >> thank you. >> thank you. >> james, first of all, tell us how you got your hands on this tape. >> well, i started looking for it a
in 1976 ronald reagan told stories about the so-called welfare queen in an effort to scare white voters. and the very same lee atwater made the willie horton ad a key part of george h.w. bush's 1988 bid for the white house. and in 2012 the same ugliness took center stage in the gop primary. >> we know president obama is the best food stamp president in american history. >> i don't want to make black people's lives better by giving them somebody else's money. i want to give them the...
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look ever since ronald reagan in one thousand eighty s said that he could balance a budget increase military spending and cut taxes but his position that we can have puppies and rainbows for everyone simply isn't possible i think everyone in washington knows that but at the same time they're trying to promise everything to everyone they are politicians i do want to push back a little bit when you said peter the rich only want their money i tell you something very interesting not only to seventy percent of americans want to raise taxes on millionaires but fifty five percent of millionaires believe their own taxes should be raised so even the rich recognize that they're doing too well it's interesting the republican party is more protective of millionaires than the majority of millionaires themselves what do you think about that because i say this just bleed the rich but you know when i was a faraway thing with his neighbors go ahead anthony go have a time do i hear it's ok anthony go ahead to. so the thing with those numbers mark when you when the polls that you're citing that show numbers li
look ever since ronald reagan in one thousand eighty s said that he could balance a budget increase military spending and cut taxes but his position that we can have puppies and rainbows for everyone simply isn't possible i think everyone in washington knows that but at the same time they're trying to promise everything to everyone they are politicians i do want to push back a little bit when you said peter the rich only want their money i tell you something very interesting not only to seventy...
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Nov 15, 2012
11/12
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pending that let me say he and i have been great friends since he was a speechwriter for ronald reagan. we have worked closely on a wide range of things. and i just told him, mr. speaker, since i'm leaving congress, he's taught me one thing and one thing only, and that is how to make margaritas. with that i'm happy to yield to my friend, mr. rohrabacher. the speaker pro tempore: the gentleman is recognized for three minutes. mr. rohrabacher: i rise in support of the rule and this legislation and note that the classified nature of that margarita formula should never be disclosed to an enemy of the united states, of course, but we will be glad to transmit that information to our colleagues on the other side of the aisle. in the spirit of bipartisanship. i do rise in support of this rule and h.r. 6156. the legislation to grant permanent normal trade relations status to russia. during the 19 0's as was just mentioned, i worked for ronald reagan in the white house and was part of a team dedicating itselves to bring down the soviet dictatorship. i might add that dave dryor was a member of th
pending that let me say he and i have been great friends since he was a speechwriter for ronald reagan. we have worked closely on a wide range of things. and i just told him, mr. speaker, since i'm leaving congress, he's taught me one thing and one thing only, and that is how to make margaritas. with that i'm happy to yield to my friend, mr. rohrabacher. the speaker pro tempore: the gentleman is recognized for three minutes. mr. rohrabacher: i rise in support of the rule and this legislation...
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Nov 13, 2012
11/12
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bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers and everybody came to town and said you get rid of the mortgage interest deduction is the end of the world, so we lost that. and all the university presidents and all the priests and all the other charities came and said you cannot get rid of that. the only thing we call on to was state and local income tax, and how we hang -- hung on to that i would never know. in the end, we were able to lower individual rates by taking more money from the corporate side, which i do not think you can do now. everybody is saying that corporate rate is too high in america, said to be competitive we have to get at
bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers...
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Nov 19, 2012
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that was tried by ronald reagan. nonsense. what are we continuing with this? the party has to show more empathy. not because i am successful i will think that everybody else is [indiscernible]. my parents instilled in the hard work. also, government systems or programs helped me to get an education. it helped me to be where i am today. host: loou is on the line from waterbury, connecticut -- lou. caller: i am a registered republican, but i have been voting libertarian since the mid-1990's. i agree with everything mitt romney has said. when ronald reagan was president, approximately 29% of the american public got some kind of government assistance. today the number is 49% almost. thomas jefferson said it best. "once public realizes you have treasury, the republic is doomed." you have too many people suc king it up. a politician is robbing peter to pay paul will always have paul's vote. we have to cut the size of the federal government by 90%. we need to abolish social security, medicare, food stamps, these are all social programs. host: the previous caller talk
that was tried by ronald reagan. nonsense. what are we continuing with this? the party has to show more empathy. not because i am successful i will think that everybody else is [indiscernible]. my parents instilled in the hard work. also, government systems or programs helped me to get an education. it helped me to be where i am today. host: loou is on the line from waterbury, connecticut -- lou. caller: i am a registered republican, but i have been voting libertarian since the mid-1990's. i...
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Nov 16, 2012
11/12
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my god, you would have thought that i had knocked over a bust of ronald reagan. i'm not done. i've got a long list here. >> that's your problem. >> this is not about me. this is important to say. nobody was saying this, and they weren't saying this for a reason. right after the convention. i did a series of tweets, huffington post mutt it uput it they said romney's team's in trouble. they need to turn it around. it's slipping out of their grip quickly. they're in trouble. then finally the libyan press conference that he gave that was such a disaster, the next morning, i went out, i said, this is the worst thing, mark stein at "national review" and all these other people went crazy talking about how i was a rhino and i was this. it was stupidity. then they decided to come at us saying we doctored a tape and obsessed for a week over two seconds where we felt they said ryan, they thought they said romney. so while all of these conspiracy theories are spewing on the right and the conservative entertainment complex, barack obama's team is organizing. and they're targeting. and inst
my god, you would have thought that i had knocked over a bust of ronald reagan. i'm not done. i've got a long list here. >> that's your problem. >> this is not about me. this is important to say. nobody was saying this, and they weren't saying this for a reason. right after the convention. i did a series of tweets, huffington post mutt it uput it they said romney's team's in trouble. they need to turn it around. it's slipping out of their grip quickly. they're in trouble. then...
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Nov 14, 2012
11/12
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we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will w
we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there...
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Nov 19, 2012
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i think marco rubio would be wonderful hispanic version of ronald reagan. >> let me quickly on the h-1b, i think the problem with the frustration sometimes is not necessarily -- i know there can be a problem with the processing but it's with a cap. h-1b is what, right now 60, 65? again we need more than 65,000 people with advanced degrees? absolutely said that is the problem. let me defend the migration services for a minute now because i've served for 60 years there. the processing of adjustment of status to green cards and permanent naturalization positions are actually being processed right now fairly quickly in less than six months. but i think a lot of the problem right now is what me quickly address this issue part of immigration discussion and part of what the anti-immigrant wanted to do was to scare republicans by saying what he knows will never be republican and i heard some other comments because it is such early that i hear so many times about latinos they are under the latino community latinos are extremely entrepreneurial. they are opening businesses three times as fast a
i think marco rubio would be wonderful hispanic version of ronald reagan. >> let me quickly on the h-1b, i think the problem with the frustration sometimes is not necessarily -- i know there can be a problem with the processing but it's with a cap. h-1b is what, right now 60, 65? again we need more than 65,000 people with advanced degrees? absolutely said that is the problem. let me defend the migration services for a minute now because i've served for 60 years there. the processing of...
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Nov 19, 2012
11/12
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ronald reagan, like barack obama, inherited a struggling economy. ronald reagan implemented policies 180 degrees opposite of barack obama. instead of checking up taxes, he cut taxes. instead of exploding spending and the death, he restrained growth and spending. instead of -- debt, he restrained growth and spending. instead of releasing the hounds of regulators on small businesses and rescue -- entrepreneurs, reagan limited regulation. the result was one of the strongest person of economic activity our nation has ever seen. the fourth year of reagan's presidency was 1984, precisely corresponding to right now in obama's presidency. does anyone know what gdp was then? 7.2%. our ideas work. their ideas do not. if you want the 23 million people struggling finding work to get jobs, the answer is simple. you need growth. to get growth, you have got to reduce and simplify the tax burden, reduce regulations, and unchain small businesses and entrepreneurs. over six -- over 50% of americans who voted on election day believed the economy was george bush's. the
ronald reagan, like barack obama, inherited a struggling economy. ronald reagan implemented policies 180 degrees opposite of barack obama. instead of checking up taxes, he cut taxes. instead of exploding spending and the death, he restrained growth and spending. instead of -- debt, he restrained growth and spending. instead of releasing the hounds of regulators on small businesses and rescue -- entrepreneurs, reagan limited regulation. the result was one of the strongest person of economic...
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Nov 18, 2012
11/12
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we have not touched it since ronald reagan. bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth, ultimately it will lead to more growth. >> but if the president insists and says as he did last friday that this was fought over in the campaign and we fought over rising tax rates the white house tax secretary said the president would veto every bill that extends the current tax rate. if he insists that they go up, what would your recommendation be? >> having looked in two -- having worked in two white houses, first you want a president that can veto the -- the fiscal secretary, first of all. first of all, it was a bit behind the curve. it
we have not touched it since ronald reagan. bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth,...
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Nov 19, 2012
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european conservatives that have spoken and there's many people that have returned on the principles of ronald reagan and thatcher and president and the czech republic and the pro free enterprise and sovereignty simply to fight back against the european within the elements of central and eastern europe to push back so it is an array of hope you didn't use the word insidious. >> i'm waiting for you to bring about. >> the example of why it won't work is the european union. >> you can organize the countries in the same continent that are supposed to be the same civilization how are you going to reconcile the this civilizations that it shouldn't stand. and it gets to double down now. now we need them in charge of all of the banks. in charge of all economic policy all budget policies. this is what the leaders are saying. so even though it doesn't work and doesn't -- the soviet union didn't work from 1917 to 1971. >> would you comment on any connections that you see between the groups that appear to have less concern about protecting the national borders and issues of sovereignty clacks >> i'm not q
european conservatives that have spoken and there's many people that have returned on the principles of ronald reagan and thatcher and president and the czech republic and the pro free enterprise and sovereignty simply to fight back against the european within the elements of central and eastern europe to push back so it is an array of hope you didn't use the word insidious. >> i'm waiting for you to bring about. >> the example of why it won't work is the european union. >>...
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Nov 13, 2012
11/12
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at ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week we are anticipating a busy travel season once again and the men and women of t.s.a. are standing at the ready to provide the most effective security and the most efficient way. this year we are anticipating over 24 million passengers traveling during the thanksgiving holiday period. and as you know, that can create both challenges and opportunities for the traveling public, especially those who travel infrequently. so part of the reason for being here today is to encourage those infrequent travelers to visit the t.s.a. website, to look for ways they can understand the screening security process in ways that will help all those others in line deal with the longer lines that we usually see. so this has been a busy and i'd say productive year for t.s.a., as we have focused on developing and testing and implementing a number of what we call risk-based security initiatives. things that are enabling us to provide the most eff
at ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week we are anticipating a busy travel season once again and the men and women of t.s.a. are standing at the ready to provide the most effective security and the most efficient way. this year we are anticipating over 24 million passengers traveling during the thanksgiving holiday period. and as you know, that can create both challenges and opportunities for the traveling public, especially those who...
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Nov 20, 2012
11/12
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ronald reagan wouldn't fit in with them. chris christie of course will be a part of that camp. >> immigration is going to be a real good test case. you'll see this divide between that brand of moderate republicans saying that immigration is an economic issue. that we need to bring in people with the skills that america needs to power the economy and on the other side, folks like steve king and michele bachmann who use those emotional appeals of they'll take your jobs, they're from another country and so on and so forth. how that plays out will be key to what the party becomes. >> john: you can't win the white house with less than 40% of the latino vote. the pragmatic republican response would be let's find a pathway to citizen. you have sean hannity saying this now. >> what a conversion. >> john: everyone in politics -- >> how convenient. >> john: in fairness, both sides historically have cared more about electability than ideology. >> true. but this is a party who when bush did it, when democrats tried to bring forward a dr
ronald reagan wouldn't fit in with them. chris christie of course will be a part of that camp. >> immigration is going to be a real good test case. you'll see this divide between that brand of moderate republicans saying that immigration is an economic issue. that we need to bring in people with the skills that america needs to power the economy and on the other side, folks like steve king and michele bachmann who use those emotional appeals of they'll take your jobs, they're from another...
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Nov 14, 2012
11/12
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. >> but in the '80s when you could elect someone like ronald reagan, i'm not sure you can do that again. some of those policies were probably responsible for what happened in the '80s. those aren't going to happen this time. >> no, in the '90s, you mean. >> no, in the '80s. if jimmy carter had been reelected i'm not sure we would've had a great period in the 1980s. i'm not sure it's our birthright to have another great -- >> well, that was the whole thing. >> mike's not going anywhere. we're going to continue our conversation with him. up next, though, stocks you need to have in your portfolio for 2013 regardless of whether the economy spirals off the fiscal cliff. that means growth companies with lots of cash to buy back stock. the details on that next. but first, take a look at shares of abercrombie today. earnings sharply better than the street forecast. a & f raising guidance, stock trading higher on that news. and michael jeffries, the ceo of that company, got that airplane. what's the song they play on the airplane? it says "take me home"? take a look at futures this morning, s&p
. >> but in the '80s when you could elect someone like ronald reagan, i'm not sure you can do that again. some of those policies were probably responsible for what happened in the '80s. those aren't going to happen this time. >> no, in the '90s, you mean. >> no, in the '80s. if jimmy carter had been reelected i'm not sure we would've had a great period in the 1980s. i'm not sure it's our birthright to have another great -- >> well, that was the whole thing. >>...
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Nov 20, 2012
11/12
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i say that because we have been trying to negotiate this cents ronald reagan. and if we had any influence with the arab-speaking population, we basically would have succeeded by now. the reality is, for half of the countries, we are nothing more than ana tm, and the other half, -- we are nothing more nothingan atm and for the others we are nothing more than an antagonist. it is not something we discuss in the news. therefore, all it is is people attacking israel. it is not i believe what the underlying theme is for the muslim population. and that is to regain glory of the old muslim empire. host: any sense that the united states involvement over the decades, any sense that the united states had a positive impact and things could have been worst? caller: no. of all of the countries there, with the exception of jordan, no country really allows us to influence them. host: a tweet from gary, he says our role in the middle east should be non. israel takes care of its own. not our business. let us go to steve, fla., on our line for independents. caller: i wish more a
i say that because we have been trying to negotiate this cents ronald reagan. and if we had any influence with the arab-speaking population, we basically would have succeeded by now. the reality is, for half of the countries, we are nothing more than ana tm, and the other half, -- we are nothing more nothingan atm and for the others we are nothing more than an antagonist. it is not something we discuss in the news. therefore, all it is is people attacking israel. it is not i believe what the...
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Nov 13, 2012
11/12
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tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them. the region was awash in those things
tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more...
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Nov 19, 2012
11/12
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. >> there's a kind of big confusion here because the classic republican economic vision and the ronald reagan vision and even the dynamic republican revolution vision that you were a part of was really centering on small business and the idea that small business is the idea that creates 75% of the country and it's this dynamic force. people fail, people succeed. things happen and small business is the engine of creation. and there was big business and small business. >> and of course the secret, something all republicans opp e oppose, someone uses regulation as a weapon against other businesses and gets things pass that had are helpful to their specific corporation but harmful to competitors whereas small businesses experience the ownerousness of regulation without a lot of the benefits. this is always a problem that the republican party became affiliated or associated. i think in some large senses wrongly with big business sense. helpful to the obama administration. signed on to obama care. what happened with two of the biggest corporations in the country. too broad of a stroke. we're
. >> there's a kind of big confusion here because the classic republican economic vision and the ronald reagan vision and even the dynamic republican revolution vision that you were a part of was really centering on small business and the idea that small business is the idea that creates 75% of the country and it's this dynamic force. people fail, people succeed. things happen and small business is the engine of creation. and there was big business and small business. >> and of...
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Nov 14, 2012
11/12
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. >> good morning, and i begin john -- ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week, we're apt -- anticipating a busy travel season and men and women of tsa are standing ready to provide the most effective security in the most efficient way. we are anticipating over 24 million passengers traveling during the thanks giving holiday period. as you know, that create challenges and opportunities for the traveling public. especially those who travel infrequent i are. part of the reason is to encourage the infrequent travelers to visit the tsa website to understands the screening security process that will help the others in line deal with the longers lines as we usually see. it's been a busy and productive year for tsa as we focus on developing and testing and implementing a number of what we call risk-based security initiatives. things that are enables us to provide the most effective security and efficient way. risk-based security or rbs in the passenger screening context allows the tso two of whom you wil
. >> good morning, and i begin john -- ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week, we're apt -- anticipating a busy travel season and men and women of tsa are standing ready to provide the most effective security in the most efficient way. we are anticipating over 24 million passengers traveling during the thanks giving holiday period. as you know, that create challenges and opportunities for the traveling public. especially those who...
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Nov 16, 2012
11/12
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ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax burden, reduce regulatio
ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on...